The New $10: A New Direction for Canada’s Bank Notes

Wanda Robson holds up the new $10 note featuring a portrait of her sister, Viola Desmond, during the unveiling ceremony at the Halifax Public Library on March 8th 2018.

On March 8, 2018, International Women’s Day, bank note history was made as the design of Canada’s upcoming $10 bill, featuring human rights icon Viola Desmond, was unveiled to Canadians.

This new $10 bill will enter circulation late this year. The first vertically-oriented note to be issued by the Bank of Canada, it will be rolled out gradually and will circulate alongside the other $10 bills.

Business owners of bank note handling equipment (such as ABMs, vending machines, self-serve checkouts or cash counters) are encouraged to contact their equipment suppliers with questions about machine compatibility.

The vertical orientation allows for a larger portrait of Viola Desmond, a successful Black Nova Scotia businesswoman who defiantly refused to leave a whites-only area of a movie theatre in 1946, and whose court case was one of the first known legal challenges against racial segregation brought by a Black woman in Canada.

The next note to be issued will be the $5, to be released a few years after this new $10, while the subsequent note will follow a few years later. This allows the Bank to integrate the latest security features each time a new bank note is issued, so Canadians can continue to use their bank notes with confidence.

Meanwhile, the upcoming $10 note has some enhanced security features compared with the notes in the current series, and is supported by a suite of accessibility features to help blind and partially-sighted Canadians determine the denomination with confidence. As Canada’s new regularly circulating $10 bank note, it will be produced for years to come.

“Our bank notes are designed not only to be a secure and durable means of payment, but also to be works of art that tell the stories of Canada. This new $10 fits that bill,” said Bank of Canada Governor Stephen S. Poloz at the unveiling event.

Visit www.bankofcanada.ca/vertical10 to learn more about the security features and design of Canada’s new $10 bank note.

For free, downloadable materials to help businesses train their staff to recognize genuine Canadian bank notes and avoid counterfeits, visit www.bankofcanada.ca/retailers.